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Sharp rise in international oil prices 10
Time:2011-01-11   Read:1126second  

Alaska oil pipeline shut down by the impact of international oil prices in New York and London rose sharply 10 daily.
8 Alaska pipeline company leaks in the pipeline that shut down its operations after more than 1287 km long pipeline, BP and Exxon Mobil and other oil companies in Alaska was forced to stop all oil production in northern regions. The region of 63 million barrels of crude oil per day, accounting for 9% of U.S. crude oil production is a major supplier of U.S. West Coast refinery source. Crude oil pipeline shut down investors worried about supply, so prices rise.
In addition, fuel prices also contributed to rising crude oil prices rebounded. Because the U.S. government announced this week that fuel demand will increase in cold weather, causing oil prices up nearly 3%.
To the closing, the New York Mercantile Exchange for delivery next February light sweet crude rose 1.22 dollars to close at $ 89.25 a barrel. London Brent crude rose $ 2.43 to close at $ 95.70 a barrel. (Qiaoji Hong)

 

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